Rice

Natural Gas

Greece Extends Energy Bill Subsidies Ahead of ‘Winter Battle’

Greece will pay out a further 1.1 billion euros in power bill subsidies in October to shield households and businesses from the impact of soaring energy prices …

United Kingdom

Cost of UK Support to Cap Energy Bills to Be Set Out on Friday

Britain's government will set out on Friday the cost of capping energy prices for households and businesses over the next few months.

Crude Oil

U.S. Refiners May Soon Purchase More Canadian Crude

Canada’s benchmark heavy oil price could soon see a boost as U.S. refiners are expected to return to buying large volumes of Canadian crude once the massive re…

Natural Gas

A Natural Gas Shortage Is Looming for the U.S.

While natural gas prices in the United States fell after a railway strike was averted last week, it looks likely that prices both at home and abroad will spike …

Oil Price

U.S. To Sell Up to 10 Mln Bbls of Oil From SPR for Nov. Delivery

The U.S. Energy Department said on Monday it will sell up to 10 million barrels of oil from the Strategic Petroleum Reserve, for delivery in November.

Hydrogen Fuel Cell

Loop Energy Says New Hydrogen Fuel Cell More Efficient Than Diesel Engine

Hydrogen fuel cell maker Loop Energy said on Sunday that its latest cell system can deliver better fuel economy than a diesel engine at current price levels.

EU

European Commission – Demand Reduction and Taxes to Tackle Energy Costs

The European Commission has tabled an ‘emergency intervention’ to tackle the spiralling energy prices in the face of the Russia-Ukraine conflict.

EU

Emergency Measures on Electricity Market: Avoid a Patchwork That Undermines Renewables Investments

The European Commission has proposed new rules that would cap the price of wind energy and other so-called inframarginal power generation at €180/MWh.

Natural Gas

Why Western Canada Has Some of the Cheapest Natural Gas in the World

Despite soaring global demand for natural gas, Canadian producers are struggling with volatile prices and deep discounts at Alberta's AECO hub, one of the large…

Oil Price

Oil Rises on Weakening Dollar, Potential Supply Disruptions

Oil prices edged upwards in early Asian trade on Thursday, as supply concerns and a looming rail stoppage in the United States, the world's biggest crude consum…

Natural Gas

EU to Propose Crisis Measures to Curb Energy Price Spike

The European Union is set to unveil plans on Wednesday to skim off windfall profits from energy companies and impose cuts in electricity usage across the bloc. …

Poland

Poland to Freeze Electricity Prices for Households in 2023

Poland plans to freeze in 2023 electricity prices at current levels for households consuming less energy, the ruling Law and Justice (PiS) leader said on Tuesda…

EU

EU Approves €1.5BN Romanian Scheme to Compensate Energy-Intensive Firms

It will cover part of the higher electricity prices arising from the impact of carbon prices on power generation costs, i.e. indirect emission costs, incurred b…

Nuclear Power Plant

European Power Prices Drop as Nuclear, Wind, and Solar Surge

Higher nuclear power generation in France and more solar and wind supply out of Germany eased Europe's prompt power prices early on Monday.

Natural Gas

Czech Government Approves Electricity, Gas Price Cap

The Czech government agreed on Monday to cap electricity and gas prices next year to shield households from soaring prices on markets, Prime Minister Petr Fiala…